San Francisco Looks to Reverse Downturn With New Housing
Posted on AllSides December 5th, 2023
From The Center
San Francisco, a city where space is at such a premium that a sleeping pod could even run you $700 a month, may be getting an infusion of residential real estate, The Wall Street Journal reported.
San Francisco has been criticized for its expensive cost of living, which is 76% higher than the national average. During the pandemic, the city was considered by some to be in a “doom loop,” meaning it was hit by one negative event after another, as major companies like Meta attempted to abandon offices.
Some 65,000 residents left San Francisco between 2020 and...